Buhari insists economy must be diversified

Buhari insists economy must be diversified
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PRESIDENT Muhammad Buhari has reiterated the resolve of his administration to diversify the economy by assisting both local and international entrepreneurs, as well as by promoting the country's rich mineral resources, in order to boost growth and development in the country.

He made this known in Kaduna on Saturday while declaring open the 37th Kaduna International Trade Fair.

The president, who was represented by the Minister of State for Commerce, Hajiya Aisha Abubakar, noted that the country could not afford to be dependent on oil.

According to him, the country was blessed with abundant mineral resources which had not been harnessed.

He added that the Federal Government would not only diversify the economic potentials of the country, but would encourage private participation.

He urged prospective investors to key into the theme of this year's trade fair which is "Promoting Solid Minerals for sustainable development and exploring the potentials of the country."

Earlier, Governor Nasir el-Rufai of Kaduna State said that his government had taken bold steps in rehabilitating ailing industries in the state for attainable economic growth.

Represented by the state Commissioner for Commerce, Mr Balarabe Shehu, he disclosed that an enabling environment had been provided for investors to come and develop the mining sector.

He said the state government had acquired a massive land for the final take-off of the industrial village and had recently invited stakeholders to rub minds on the dry port, adding that when fully operational, it would not only serve the state but the entire Northern Nigeria.

36 states and the FCT are participating at the 10 days mtrade fair.

Tribune
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